1、 Price trend
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The domestic PS market was stable and fell, and some rose, with a range of 50-400 yuan / ton. Styrene futures spot lower, more drama industry outlook sentiment, profit continue to let profit shipment, some bulk cargo negotiation focus lower. However, the agent replenishment cost is high, the market vehicle offer volatility is not big, shipment is relatively weak. According to statistics, the market in East China received 10250-14500 yuan / ton of benzene and 16900 yuan / ton of modified benzene.
2、 Market analysis
Zhanjiang Sino US PS ex factory price, 525 quoted 11400 yuan / ton. The ex factory price of CITIC Guoan PS is 10600 yuan / T. Dongguan PS (polystyrene) market rose and fell. Cost supply and demand side game, businesses follow the market operation, trading atmosphere is weak.
3、 Future forecast
Under the influence of the sharp drop of raw material styrene, the profit margin of PS will continue to yield, and the shipment may be relatively large. However, the settlement and pricing of PS factory are higher, and the supply of goods is tight, so the market may be adjusted in a narrow range. It is expected that the market in East China will receive 10200-14500 yuan / ton of benzene.
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